Advisers unlikely to benefit from £206m FSCS levy cut
- Thursday, 13 May 2021
- Articles
The FSCS has cut its latest levy forecast by £206m from £1.04bn to £833m but the body has warned that the levy on advisers is unlikely to change.
Read more...FCA considers expanding high-risk investment classification
- Thursday, 29 April 2021
- Articles
The Financial Conduct Authority (FCA) has said it is considering expanding the classification of high-risk investments to include more types of investments which should be subject to marketing restrictions in its proposals to strengthen financial promotion rules.
Read more...Retirees drawn to riskier investments warns FSCS
- Wednesday, 28 April 2021
- Articles
The Financial Services Compensation Scheme has warned that retirees are being tempted to put money into investment products claiming to offer high returns due to the prolonged low interest savings environment.
Read more...LCF victims get green light for ISA reinvestment
- Tuesday, 27 April 2021
- Articles
HMRC has given London Capital & Finance (LCF) ISA investors the green light to reinvest their Financial Services Compensation Scheme (FSCS) compensation payments into a new or existing ISA.
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